in europe and the possible threat in the u.s. >> brown: margaret warner examines china's growing economic and military assertiveness in asia and globally. >> they're breaking diplomatic egg which is three or four years ago they would not have broken. so i think the change is palpable. >> woodruff: we talk to former clinton administration secretary of labor robert reich-- the last in our series of conversations on extending the bush-era tax breaks. >> brown: and jonathan miller of "independent television news" reports from northwest pakistan, where relief-aid is still slow in coming two months after the floods began. >> this is one of the worst affected areas in pakistan, but these people industrial no safe water, no food, no shelter, no medicine. something has gone very wrong. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> i want to know what the universe... >> looks like. >> feels like. >> from deep space. >> to a microbe. >> i can contribute to the world by pursuing my passion for science. >> it really is the key to the

family housing as an investment. if the three of us decided to go in together on a real estate investment and i said i have a plan. we'll build a 3,000 square foot house that will fit only one family you would say to me that's not a very good plan. we should bill a building where we can maximize the amount of rent that flows through it and have people with just as much living space as they need. the single family house in america is a poor investment by design. go back 30 years and you had houses that were 1700 square feet. today they've come down over the past year a little bit but they're still 2400 square feet own though the size of the average american family has gotten smaller over that time. clearly houses today are mostly consumption. they're not designed for investment. there's nothing wrong with home ownership. just don't go into it thinking you're going to get rich. go into it because you have a lot of money and you want something nice. >> brown: carl case, what do you think about that? >> i agree with that. there are negative surprises that happen when you buy a home too. i mea

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